Login

419 Monroe Street Ne, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:CENTURY 21 Camco Realty
419 Monroe Street Ne,Albuquerque, NM 87108
$5,317,173
  • 1 Beds
  • 1 Baths
  • 33,000 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke, kyle e deacon
Office: nm apartment advisors, inc.
MLS#:1092700
Source:NM_SWMLS

Price summary

  • Price:$5,317,173
  • Price per sq. ft.:$161.13

About this home

CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,100, the metrics of investment performance improve to a cap rate of 8.82% and a cash on cash of 12.17%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits between two major transit corridors

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1960
  • Listing ID #:1092700
  • Added:195 day(s) ago
  • Updated:April 23, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Refrigerator
  • Living area:33,000 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1960
  • Building area:33,000 sq. ft.
  • Lot area:1.23 Acres
  • Construction Materials:Block, Frame, Stucco
  • Exterior Features:Landscaping
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,317,173
  • Price per sq. ft.:$161.13
  • Tax amount:$22,224

Features and amenities

  • Appliances:Refrigerator

New listings near 419 Monroe Street Ne